For this problem set you will use data from the World Bank and the United Nations Development Programme (UNDP) to study human development and economic growth in the countries of your choosing. You will need to get the data from the World Bank and combine that data with data I will provide into one file. Then you will need to analyze the data using a few basic Excel skills plus mastery of the economic issues discussed in class. Your assignment is this: analyze the relationship between the human development index and economic growth in Mexico and Benin. According to the World Bank, Mexico is an upper-middle income country and Benin is a low-income country.

(Show a excel graph)show two scatter plots, one for each country, that shows non-Income HDI (y-axis) relative to its GNI per capita (x-axis) across all years. Make sure you graph each country's nonIncome HDI values against that same country's GNI per capita values. To each scatter plot, add a linear trendlines and have Excel display both equations on the chart.

5.What is the equation for the linear trendline for each country? For each country, is the relationship between non-Income HDI and GNI per capita positive or negative? Now calculate the difference between I(GNI) and HDI for each country in each year. 3

6. For each country, what is the average difference between I(GNI) and HDI? What does this tell you about each country's income relative to its performance on the other development indicators?

7. Is the World Bank's income criterion a useful way of classifying countries by their development levels? Why or why not?

A B C D E F G H K Country Na Country Co Series Name 1990 [YR19 1991 [YR19 1992 [YR19 1993 [YR19 1994 [YR19 1995 [YR19 1996 [YR19 1997 [YR19 Benin BEN Expected years of schooling (years) 5.3 5.4 5.5 5.7 5.8 5.9 6 6.1 Mexico MEX Expected years of schooling (years) 10.6 10.5 10.5 10.4 10.5 10.7 10.8 11 Miniumum MIN Expected years of schooling (years) 2.1 2.1 2.2 2.3 2.3 2.4 2.5 2.6 Maximum MAX Expected years of schooling (years) 17.4 17.3 17.3 17.3 17.3 18.8 19.4 20.2 Benin BEN GDP (constant 2010 US$) 3.03E+09 3.16E+09 3.26E+09 3.45E+09 3.51E+09 3.73E+09 3.89E+09 4.11E+09 Mexico MEX GDP (constant 2010 US$) 6.54E+11 6.82E+11 7.06E+11 7.19E+11 7.55E+11 7.07E+11 7.55E+11 8.07E+11 Benin BEN GNI (constant 2010 US$) 2.97E+09 3.11E+09 3.13E+09 3.38E+09 3.44E+09 3.65E+09 3.81E+09 4.05E+09 Mexico MEX GNI (constant 2010 US$) 6.34E+11 6.64E+11 6.88E+11 7.03E+11 7.37E+11 6.82E+11 7.3E+11 7.87E+11 Miniumum MIN GNI per capita (constant 2010 US$) 366 373 334 294 229 213 226 432 Maximum MAX GNI per capita (constant 2010 US$) 100233 95458 92326 91853 96179 100767 101093 103349Q R S T 0 P K M N C D E F G H B 2001 [YR200 2002 [YR200 2003 [YR200 2004 [YR200 2005 [YR200 2006 [YR200 2007 [YR200 2008 [YR200 2009 [YR200 2010 [YR201 2011 [YR201 2012 [YR201 2013 [YR201 2014 [YR201 2015 [YR201 2016 [YR201 2017 [YR201 51.8 52.2 A 48.3 49 49.8 50.6 51.4 45.5 46.2 46.9 47.6 1.4 1.5 1.5 39.7 40.7 41.7 42.7 43.6 44.6 1.4 Country Name Country Code Series Name 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.3 4.9 4.9 4.9 4.9 4.9 2 Miniumum MIN Life expectancy at birth, total (years) 1.1 1.2 1.2 1.3 1.3 3.8 3.9 4.2 4.4 4.7 4.9 4.9 327 305 294 286 3 Miniumum MIN Mean years of schooling (years) 3.1 3.4 3.6 2.9 306 305 312 313 319 325 MIN Expected years of schooling (years) 292 294 291 301 84.1 300 83 83.1 83.3 83.5 83.6 83.8 84 4 Miniumum 306 14.1 Miniumum MIN GNI per capita (constant 2015 US$) 302 82.4 82.6 82.7 82.8 82.3 14 14 14.1 14.1 81.4 81.7 81.9 82.1 13.7 13.7 13.8 13.8 13.9 14 Life expectancy at birth, total (years) 13.3 13.6 20.3 20.4 20.4 23.3 22.9 22.9 6 Maximum MAX 12.7 12.7 12.8 12.9 19.5 19.3 20.3 19.8 20.1 105,672 20.6 20.7 20.3 19.2 111,662 Maximum Mean years of schooling (years) 105,508 20.3 105,672 MAX 86,768 83,863 85,082 84,758 103.42 8 Maximum MAX Expected years of schooling (years) 20.1 84,697 81,612 81,331 82,864 85,126 96.87 98.29 99.88 100.00 101.26 76,089 78,846 79,904 92.00 94.90 9 Maximum MAX GNI per capita (constant 2015 US$) 76,771 75.89 79.69 82.40 85.05 87.48 90.84 90.52 77.61 8.74 10 United States USA Consumer price index (CPI) 74.71 8.36 8.40 8.60 8.60 8.14 8.01 8.25 8.49 14.04 14.20 14.81 7.49 7.87 7.88 7.95 13.87 14.64 11 6.82 6.98 7.13 7.29 13.40 13.44 13.70 12.91 13.03 13.21 13.27 2.8 3.2 3.3 12 Mexico MEX Mean years of schooling (years) 12.03 12.37 12.65 12.75 12.80 2.8 2.8 2.7 2.8 2.8 2.8 2.8 2.7 11.4 12 12.6 12.6 11 13 Mexico MEX Expected years of schooling (years) 2.4 2.5 2.6 2.6 2.7 8.7 9.1 9.5 9.9 10.3 10.6 14 Benin BEN Mean years of schooling (years) 6.3 6.5 6.7 7.4 7.9 8.3 15 Benin BEN Expected years of schooling (years) 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38